Obama pressing for `Buffett rule' in Florida - WKOW 27: Madison, WI Breaking News, Weather and Sports

Obama pressing for `Buffett rule' in Florida


WASHINGTON (WKOW) -- President Barack Obama will travel to Florida Tuesday to make another pitch to boost taxes on millionaires.

Obama will outline his support for the so-called "Buffett rule" in Boca Raton, Florida, arguing that wealthy investors should not pay taxes at a lower rate than the middle-class.

The rule is named after billionaire investor Warren Buffett, who supports raising taxes on the wealthy.

President Obama will speak at Florida Atlantic University at 1:55 p.m. Tuesday. Watch his speech live at www.wkow.com/live.

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